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양면시장 모형에 기반 한 서비스화 투자 결정과 동태적 균형 분석Servitization Investment Decisions and a Dynamic Stability Analysis Based on a Two-Sided Market Model

Other Titles
Servitization Investment Decisions and a Dynamic Stability Analysis Based on a Two-Sided Market Model
Authors
주현택임호순
Issue Date
2013
Publisher
한국경영과학회
Keywords
Two-sided Market; Evolutionary Game; Replicator Dynamics
Citation
한국경영과학회지, v.38, no.2, pp.159 - 178
Indexed
KCI
Journal Title
한국경영과학회지
Volume
38
Number
2
Start Page
159
End Page
178
URI
https://scholar.korea.ac.kr/handle/2021.sw.korea/105564
DOI
10.7737/JKORMS.2013.38.2.159
ISSN
1225-1119
Abstract
We present a model, combining servitization decision and a conventional two-sided market approaches, to understand expected outcomes and current market situations. We suppose an individual manufacturer participates in multiple platforms and decides whether to initiate servitization by considering latent profitability and risk. The analytical results from the model show that increasing competition within servitized companies lead to a servitization equilibrium, wherein the ratio of servitized companies in a market is stable, due to a gradual decline in relative benefits compared to non-servitized companies. This holds even in the case that the number of customer is increasing along the diffusion of servitization, under some restricted conditions.
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